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Old 03-28-2007, 12:16 PM
wujun122 wujun122 is offline
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Quote:
Originally Posted by daraknor
If you use P6 Simple, it will not be able to open multiple lots. If you use P6 Advanced, then you can make Phoenix perform the way mode3 did by using the following settings:
Code:
U_splitTradeOn=true
U_splitTrade1=80
U_splitTrade2=100
U_splitTrade3=120
U_splitTrade4=0
U_splitTrade5=0
U_splitTrade6=0

U_ExitStaticTSOn=true
U_BreakEvenSL= (U_splitTrade1*take profit/100) or (80*40/100)=32
U_DelayTS=(U_splitTrade2*take profit/100) or (100*40/100)=40
If you have a take profit of 40, this will make 3 trades. Trade1 will have TP 32, Trade2 will have TP 40, Trade will have TP 48. When the price hits 32 pips profit, Trade2 and Trade3 will have their stoploss moved up to the open price. When Trade2 exits, Trade3 will activate a trailing stop with the initial stop set to 30 pips, and move up every time the profit increases.

If you normally trade 3 lots, this will create 3 trades, with 1 lot each. I tested rounding of lots a long time ago, I believe it rounds down, with the minimum lotsize as a lower limit.

This is more complicated than "mode3" but it is much more advanced too. Instead of embedding the logic into code, now you can set up nearly any trading settings you desire. You could split the trades 50,75,100,100 which would create 1 lot at TP50%, 1 lot at TP75% and 2 lots 100% TP.
I will try it. Thank you.
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